FREDERICK J. LEONBERGER - 18 Jun 2024 Form 4 Insider Report for Lightwave Logic, Inc. (LWLG)

Role
Director
Signature
/s/ James S. Marcelli, Attorney-in-fact for Frederick J. Leonberger
Issuer symbol
LWLG
Transactions as of
18 Jun 2024
Net transactions value
$0
Form type
4
Filing time
21 Jun 2024, 16:12:15 UTC
Previous filing
15 Dec 2023
Next filing
26 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LWLG Common Stock Award $0 +17,241 +9.6% $0.000000 196,369 18 Jun 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LWLG Employee Stock Option (Right to Buy) Award $0 +90,000 +10% $0.000000 965,000 18 Jun 2024 Common Stock 90,000 $5.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock award pursuant to the Company's 2016 Equity Incentive Plan, 2,881 shares of restricted stock vested on June 18, 2024, with the remaining restricted stock awards vesting in 10 equal quarterly installments beginning on July 1, 2024, subject to continued service with the Company through the applicable vesting dates. Any unvested portion of this award is subject to forfeiture.
F2 Represents an option award pursuant to the Company's 2016 Equity Incentive Plan, 45,000 options vested on June 18, 2024, with the remaining options vesting in 6 equal monthly installments beginning on July 1, 2024, subject to continued service with the Company through the applicable vesting dates. Any unvested portion of this award is subject to forfeiture.
F3 Includes employee stock options to purchase up to 465,000 shares of common stock and warrants to purchase up to 500,000 shares of common stock.